Posts Tagged ‘
Oil Markets ’
Jun 12th, 2008 |
By Jennifer Yousfi |
Category: Oil Investment & Alternative Energy
Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.
Tags: , Alaron Trading, BP, energy, Energy Information Administration, MCO, MEND, oil, Oil Imports, Oil Markets, Oil Supplier, RDS.A, RDS.B, Royal Dutch Shell, US Energy
Posted in Oil Investment & Alternative Energy |
Jun 5th, 2008 |
By Contrarian Profits |
Category: Featured, Financial News
US airlines are forecast to lose a record $7.2 billion this year, in part because most use gas-guzzling elderly Boeing 767s as opposed to newer, more fuel-efficient planes common in European fleets.
American Airlines, Continental and Delta have all announced cutbacks due to rising fuel costs.
Consumers are also being squeezed. USA Today reports that summer airfares in the US are set to rise by as much as four times thanks to spiraling oil prices.
“The sector-wide downturn is pretty textbook,” says Theo Casey in Fleet Street Daily.
Tags: Airbus, Airlines, Andrew Gordon, Bankruptcy, Boeing, Carriers, Economic Contraction, Economic Expansion, inflation, oil, Oil Crisis, Oil Markets, Oil Prices, recession, US Air Carriers, US Airlines
Posted in Featured, Financial News |
Jun 3rd, 2008 |
By Dave Gonigam |
Category: Gold Market
Good lord, haven’t we already had enough preening and posturing by clueless lawmakers over the alleged “manipulation” of the oil markets?
Tags: , Commodity Boom, Commodity Index Funds, Commodity Indices, economics, Futures Market, George Soros, oil, Oil Market, Oil Markets, politics, Profit Opportunity, resources
Posted in Gold Market |
May 30th, 2008 |
By Ed Steer |
Category: International Investing
Both gold and silver did virtually nothing on Thursday until shortly after London opened. Then (just like Wednesday) a sell-off began in both metals which lasted until shortly after the Comex opened in New York.
Tags: Bullion Banks, Cftc, Comex, commodities, Futures Market, gold, Metals, Oil Futures, Oil Markets, silver
Posted in International Investing |
May 30th, 2008 |
By Doug Casey |
Category: Oil Investment & Alternative Energy
In the energy market Thursday, crude for July delivery retreated, closing at $126.62/barrel, down $4.41. June reformulated gasoline lost 5 cents, to $3.40/gallon.
Tags: Cftc, Commodity Futures Trading, Crude Prices, EIA, Energy Market, Gulf Of Mexico Oil, Oil Markets, oil quotas, Oil Stocks, Opec, United Arab Emirates, US oil market, Wtrg Economics
Posted in Oil Investment & Alternative Energy |
May 22nd, 2008 |
By Doug Casey |
Category: Gold Market
The base metals were mostly in the red on Wednesday. Copper was erratic, bouncing all over during the day, but ended up sliding somewhat, finishing at $3.8102/lb., down 3 cents.
Tags: aluminum, Base Metals, cooper, Industrial Metals, JP Morgan, Lme, Mining Company, nickel, Oil Markets, Oil Prices, RBC, resources, Rising Stocks, Sumitomo Metal Mining, Zinc
Posted in Gold Market |
May 21st, 2008 |
By Garry White |
Category: Oil Investment & Alternative Energy
Something very unusual is happening in the oil markets… and it’ll keep the oil price way above $100 for the rest of year.
Tags: , china, energy, Fuel Prices, Futures Contracts, Major Oil Companies, oil, Oil Consumption, Oil Markets, Oil Price, Wti, Wti Price
Posted in Oil Investment & Alternative Energy |
May 13th, 2008 |
By Dave Gonigam |
Category: Oil Investment & Alternative Energy
With oil prices pulling back this week, perhaps not unsurprisingly, from the psychological barrier of $125 a barrel, it’s a good time to take stock of where we are and where we’re going.
Tags: , International Energy Agency, oil, Oil Markets, Oil Prices, Opec, Saudi Arabia, Strategic Petroleum Reserve
Posted in Oil Investment & Alternative Energy |
Apr 19th, 2008 |
By Doug Casey |
Category: Gold Market
Gold held steady at around $945 in the far East, but started down once London opened, and continued to plummet through the first hour of the New York session on Friday, falling as low as $905 before turning north for the balance of the day and finishing at $916.20, down $18.10. For the week, gold lost 1.3%.
Tags: Citigroup, Commodity Markets, copper, gold, Libor, Oil Markets, platinum, precious metals, resources, sillver
Posted in Gold Market |